Ether

Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.


Markets

Long-Term Bitcoin Holders Add to Their Holdings, Even as Prices Retrace

As longer term bitcoin supply increases, the CoinDesk Bitcoin Trend Indicator (BTI) shows a market in uptrend, despite recent price declines.

(Jeppe Hove Jensen/Unsplash)

Markets

Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues

Ether’s deflationary narrative continues despite Monday’s price drop. Major crypto assets traded down on Monday.

Bitcoin price chart on Monday. (CoinDesk)

Markets

Crypto Options Exchange Deribit's Ether Volatility Index Hits Record Low

Deribit's forward-looking ether volatility index (ETH DVOL) hit lifetime lows over the weekend. Expectations for price turbulence appear underpriced considering the lingering macroeconomic uncertainties.

ETH DVOL index (Amberdata)

Markets

First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause

PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run.

(Pixabay)

Markets

First Mover Asia: CBDCs Are the Hottest Issue in Florida Politics; Bitcoin Falls Slightly

PLUS: Cryptos were down as Asian markets opened, and investors try to figure out which narrative to believe.

Miami Beach (Antonio Cuellar/Unsplash)

Markets

Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion

BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.

Higher interest rates and energy shortages have triggered concerns over a potential global recession (Getty Images)

Markets

Bitcoin, Ether Trade Flat After Mildly Encouraging Jobs Data

The two largest cryptocurrencies by market capitalization were changing hands in a tight range after jobless claims were slightly higher than expected, a small sign the jobs market is cooling.

(Midjourney/CoinDesk)

Markets

First Mover Asia: Bitcoin Recovers From Fed Dip

PLUS: The MadLads hype appears to be over, although it hasn't dragged down the price of Solana.

(IPTC/Getty Images)

Markets

Bitcoin, Ether Decouple From Stocks: What's Next for Crypto After Fed Rate Hike?

The recent decoupling indicates the assets will trade on their own merits.

(Getty Images)

Markets

Bitcoin Falls Slightly After Fed Rate Hike

BTC was down about 1% after the U.S. central bank boosted the federal funds rate by 25 basis points. Fed Chair Jerome Powell noted the central bank had omitted language signaling additional rate hikes at upcoming meetings.

Federal Reserve Chairman Jerome Powell (Drew Angerer/Getty Images)